LOAN RATE

The rate for loan is in between RM 6,000 to RM 31,500 depends on the program and training phase which included:-

• Fees
• Living allowance is RM400 per month in the training period.
• Premium payments is for insurance protections.
• 3% of balance loan will be charge for administration fees yearly

Conditions for Guarantor

• Malaysian citizens
• Monthly income for one guarantor must not less than RM700, aged 21 years old and above and not more than 50 years old when trainee starts training.
• If the guarantor is mother/father/legal guardians, age condition and income will be excluded
• Each guarantor can never guarantee more than two (2) trainees except for mother/father/legal guardian.
• Not declared bankruptcy,

Further information can be found on the government official portal at: http://www.ptpk.gov.my/